• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Sunday, April 19, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home National

FG will not accept N532bn variation on 2nd Abuja airport runway contract – Keyamo

Nathaniel Irobi by Nathaniel Irobi
January 23, 2025
in National
0
FG will not accept N532bn variation on 2nd Abuja airport runway contract – Keyamo
0
SHARES
11
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has said the Federal Government will not accept the N532 billion contract variation requested for by the contractors handling the Abuja International Airport second runway.

Keyamo stated this when he appeared before the National Assembly Joint Committee on Aviation to defend the ministry’s 2025 budget.

RelatedPosts

Nigeria Deploys 200 Special Forces to Türkiye for Military Training

NITDA, CAC Activate Joint Cyber Defence Amid System Breach Fears

Akpabio: Parliaments Must Rise as Guardians of Peace

He said that the variation was against the initial N90 billion for execution of the project.

The minister, while responding to a question on the reported stalled execution of the project, said that the contractor had moved to site after the initial release of N30 billion and payment of compensation to communities on issues related to land.

He said that the contractor had also done excavation on the site and carried out other works from the funds released and thereafter requested for the N532 billion variation.

This, he said, was unacceptable to the government.

“The variation that the contractors are bringing is a variation that I totally disagree with. I will not go ahead with that variation; the president himself doesn’t like variation.

“If a contract was awarded for N90 billion, and they are proposing N532 billion variation within a space of two years, I will not accept it. The option I have is to cancel the contract.

“So, with the situation now, we have two proposals on the table which I will take to the president, and I will consult my chairman. So we are considering various options.

ALSO READ:  Nigerian Military Reports Major Blow to Insurgents: 438 Terrorists Killed, 881 Surrender in Recent Operations

“This country cannot go on with such unreasonable variations,” the minister said.

He said that the ministry proposed a total of N71 billion in the 2025 budget, with capital projects put at N69 billion, personnel, one billion naira while overhead was N745 million.

Keyamo said that a significant number of the projects listed for completion were already ongoing in the ministry.

Earlier, Chairman of the Joint Committee, Sen. Abdulfatai Buhari, said that the committee must ensure efficient use of the funds allocated in order to achieve tangible results.

According to him, the committee will strengthen its oversight on the ministry and the firm spending the funds.

He said that the projects were so important to the aviation sector.

Buhari also said that the Nigeria Airspace Management Agency (NAMA) which was removed from the Federal Government’s budget in 2023-2024, had been included in the 2025 budget.

“Therefore, this budget event will be a critical step in our efforts to ensure that our nation’s resources are allocated efficiently and effectively,” he said.

The senator commended the minister and his team for their commitment and the improvement recorded in the sector since the inception of the present administration.

He urged Keyamo to prevail on the agencies under the ministry to always respond promptly to invitations by the National Assembly.

He said that the national assembly had the power to invite the agencies in exercise of its oversight responsibility.

“The only thing we just want to take and appeal to you is your agencies; whenever we call them, we don’t want to issue a second warning; we don’t want a situation where we will call them and they won’t come; we have the power to invite them.

ALSO READ:  Northern govs, monarchs converge on Kaduna over insecurity

“So we want to appeal to you to appeal to your people that whenever they see a letter from the national assembly, they should show up,” he said. (NAN)

Tags: airport runwayFestus  Keyamo
Previous Post

North East Theater Command Celebrates Bilateral Ties with the United Kingdom

Next Post

Soludo’s wife vows to get justice for woman set ablaze by husband

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Nigeria Deploys 200 Special Forces to Türkiye for Military Training

Nigeria Deploys 200 Special Forces to Türkiye for Military Training

by Nathaniel Irobi
April 19, 2026
0

Nigeria and Türkiye have finalised an agreement for the immediate deployment of 200 Nigerian Special Forces personnel to Türkiye for...

NITDA, CAC Activate Joint Cyber Defence Amid System Breach Fears

NITDA, CAC Activate Joint Cyber Defence Amid System Breach Fears

by Nathaniel Irobi
April 18, 2026
0

The National Information Technology Development Agency (NITDA) and the Corporate Affairs Commission (CAC) have launched coordinated cybersecurity measures following concerns...

Akpabio: Parliaments Must Rise as Guardians of Peace

Akpabio: Parliaments Must Rise as Guardians of Peace

by Nathaniel Irobi
April 16, 2026
0

Senate President Godswill Akpabio has urged legislatures across the globe to defend peace, justice and humanity as rising tensions test...

Next Post
Soludo’s wife vows to get justice for woman set ablaze by husband

Soludo’s wife vows to get justice for woman set ablaze by husband

Katsina, Sokoto, Zamfara needs $15million to provide quality life – UNICEF

Recommended

ADC Expels Factional Chairman for ‘Anti-party Acts’

ADC Expels Factional Chairman for ‘Anti-party Acts’

5 days ago
IMF Backs Nigeria’s Bank Recapitalisation, Urges Stronger Fiscal Defences

IMF Backs Nigeria’s Bank Recapitalisation, Urges Stronger Fiscal Defences

4 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Urban Smart Farming Initiative Targets 10 Million Yams for Nigeria

    0 shares
    Share 0 Tweet 0
  • Arewa youths demand immortalisation of late Sharia court registrar Musa

    0 shares
    Share 0 Tweet 0
  • BREAKING: ICPC Rearrests El-Rufai, Returns Him to Custody

    0 shares
    Share 0 Tweet 0
  • Speaker Abbas’ Aide, Gaiya, Defects to ADC, Declares Kaduna-South Senate Ambition

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (828)
  • Education (270)
  • Entertainment (358)
  • Health (244)
  • National (3,260)
  • News (10,110)
  • Opinion (426)
  • Politics (2,062)
  • Science (15)
  • Security (419)
  • Sports (681)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform